Denison to sell GoviEx shares and warrants
Denison Mines (TSX: DML; NYSE-AM: DNN) is selling 32.5 million common shares it holds in GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) at 48¢ per share to one of the junior…
News
Wallbridge hits gold on first drill hole at Casault in Quebec
The first reported hole of thirteen drilled this summer into exploration targets on the Casault property in northwestern Quebec returned 2 metres grading 6.85 grams gold per tonne starting from…
NorZinc posts PEA for Prairie Creek with extended life, higher throughput
NorZinc (TSX: NZC; US-OTC: NORZF) has released a new preliminary economic assessment (PEA) for its 100%-owned Prairie Creek zinc-lead-silver project 200 km west of Fort Simpson in the Northwest Territories….
UPDATED: Monarch Mining expands gold mineralization at its McKenzie Break property
Monarch Mining (TSX: GBAR; US-OTC: GBARF) has discovered shallow gold mineralization 1 km south of its McKenzie Break deposit in Quebec, about 35 km north of Val-d’Or. The new discovery…
Rio Tinto says 60 Jadar mines wouldn’t fill looming lithium gap
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has joined the rising chorus of companies and analysts warning of an imminent and “significant” supply gap for lithium, as demand for…
President Pedro Castillo supports Bear Creek Mining’s Corani project in Peru
Shares of Bear Creek Mining (TSXV: BCM; US-OTC: BCEKF) surged on news that Peru’s new president, Pedro Castillo, and representatives of local communities, support the Corani silver-lead-zinc project. During a…
Maritime Resources drills 160 grams gold at Hammerdown in Newfoundland
Maritime Resources (TSXV: MAE) is drilling bonanza grades at its Hammerdown gold project in the Baie Verte region of Newfoundland. The project covers both the Hammerdown and Orion gold deposits….
Hochschild to spin off Chilean rare earths company
Hochschild Mining (LSE: HOC; US-OTC: HCHDF) is spinning off its Chilean rare earth subsidiary Aclara Resources and plans to list it on the Toronto Stock Exchange. It will retain a 20% ownership…
The Northern Miner Podcast – episode 261: Companies that adapt to ‘outsourced innovation model’ will thrive, ft NORCAT’s Don Duval at CMJ’s Reimagine Mining Symposium
This week’s episode features NORCAT CEO Don Duval in conversation with Canadian Mining Journal editor-in-chief Alisha Hiyate. Don stressed the importance of mining companies having a strategy to acquire new…
Upward trend in global exploration budget to continue in 2022 – report
The aggregate annual global exploration budget is expected to increase between 5% and 15% year over year for 2022, a new report by S&P Global Market Intelligence states. The market…
Vale halts operations at Onça Puma mine after court order
Vale reported today that it has once again halted operations at its Onça Puma nickel mine after Brazil’s state of Pará obtained a court order to reinstate the suspension of…
Pallinghurst raises ownership in Nouveau Monde; takes stake in Talon Metals
The Pallinghurst Group is raising its stake in Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) and taking an initial stake in Talon Metals (TSX: TLO). Pallinghurst’s graphite subsidiary is increasing…